Investment - Homes for Sale in Sioux Falls, SD

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  /5

  $264,000

  • 1,864 Sq Ft

  514 S Summit Ave, Sioux Falls, SD 57104

  Great investment opportunity. $3,000 flooring allowance for unit #1. Great ROI opportunity. Gross rents per month $3,200. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.

  Terry Keller Market First Real Estate

  514 S Summit Ave, Sioux Falls, SD 57104
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  /9

  $340,000

  • 2,550 Sq Ft

  904 S Blaine Ave, Sioux Falls, SD 57103

  Expand your investment portfolio with this well-maintained triplex offering three desirable 2-bedroom, 1-bath units. Two units are conveniently located on the main level, with an additional lower-level unit, providing a practical layout that appeals to tenants. The property has been well cared for and features paved off-street parking for added convenience, Unit is zoned AD1 perfect for daycares

  Brett Sichmeller Alpine Residential

  904 S Blaine Ave, Sioux Falls, SD 57103
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  /33

  $300,000

  • 2,248 Sq Ft

  1509 S Duluth Ave, Sioux Falls, SD 57105

  Prime investment opportunity in one of Sioux Falls' most walkable, in-demand pockets — minutes from USF and Augustana. This triplex offers an ideal house-hack setup: move into the beautifully updated garden-level unit, where a fully remodeled kitchen and bath, quality finishes, and a genuinely comfortable layout make it feel more like a private residence than a rental. The upper 3-bedroom and

  Blake Bohner 605 Real Estate LLC

  1509 S Duluth Ave, Sioux Falls, SD 57105
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  /35

  $169,900

  • 2 Beds
  • 1 Bath
  • 786 Sq Ft

  117 W 1st St St, Sioux Falls, SD 57039

  Welcome to this charming 2-bedroom, 1-bath home located right in the heart of Lennox! This well-cared-for property offers a comfortable layout with thoughtful updates throughout, making it a great option for anyone looking for turn key living with peace of mind.Recent improvements include an on-demand water heater, newer washer and dryer, durable vinyl siding, and a metal roof which are

  Rebecca Ohayon Coldwell Banker Empire Realty

  117 W 1st St St, Sioux Falls, SD 57039
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  /8

  $165,000

  • Land
  • 10,741 Sq Ft
  • $669,100 per Acre

  1821 S Duluth Ave Ave, Sioux Falls, SD 57105

  Investor Alert! Build Income Producing Property. Excellent investment opportunity! Vacant lot ready to build, zoned D-2—ideal for a twin home or tri-plex. or single family. Centrally located in Sioux Falls within an established neighborhood featuring mature, tree-lined streets. Conveniently close to Sanford Health, local colleges, schools, shopping, gas stations, and restaurants. Just minutes

  Cindy Oyen Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  1821 S Duluth Ave Ave, Sioux Falls, SD 57105
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  /40

  $175,000

  • 2,948 Sq Ft

  624 W 11th St, Sioux Falls, SD 57104

  Investment opportunity near downtown Sioux Falls! This triplex features one 2-bedroom, 1-bath unit, along with two 1-bedroom, 1-bath units.Located just blocks from downtown, tenants can enjoy convenient access to shopping, dining, entertainment, and major employers. While the building could benefit from repairs and updates, it presents an excellent value-add opportunity.Whether you're

  Jeremy Simon Keller Williams Realty Sioux Falls

  624 W 11th St, Sioux Falls, SD 57104
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  /40

  $299,900

  • 3 Beds
  • 1 Bath
  • 1,910 Sq Ft

  1600 W 9th St, Sioux Falls, SD 57104

  Charming 1.5-story home offering space, functionality, and incredible additional features you won’t find anywhere else! This 3 bedroom, 1 bath home is centrally located and sits on an enormous lot that includes an additional rear parcel—providing endless possibilities for expansion, recreation, or investment.Inside, you’ll find a warm and inviting layout designed for both comfort and

  Jeffrey Stanton RE/MAX Professionals Inc

  1600 W 9th St, Sioux Falls, SD 57104
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  /24

  $199,900

  • 1,484 Sq Ft

  618 S 2nd Ave, Sioux Falls, SD 57104

  Great investment opportunity! Conveniently located within walking distance of downtown shopping and activities, bike paths, parks, and other public amenities. Both units feature updated kitchens and bathrooms. The first unit offers 3 bedrooms, 1 bath, an oversized kitchen and living room, plus basement storage. The second unit features 1 bedroom, 1 bath, a comfortable living room, and an enclosed

  Kristi O'Toole Stanga AMERI/STAR Real Estate, Inc.

  618 S 2nd Ave, Sioux Falls, SD 57104
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  /18

  $179,900

  • 3 Beds
  • 1.5 Baths
  • 1,092 Sq Ft

  415 W Bailey St, Sioux Falls, SD 57104

  Welcome home to this updated and well-maintained 3-bedroom, 1.5-bath ranch-style home conveniently located in central Sioux Falls. Featuring numerous updates throughout, this move-in-ready property offers a functional floor plan with comfortable living spaces, an updated kitchen, and spacious bedrooms. The home has been meticulously cared for and provides the perfect blend of charm and modern

  Cadin Buchholz Keller Williams Realty Sioux Falls

  415 W Bailey St, Sioux Falls, SD 57104
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  /32

  $224,900

  • 1,456 Sq Ft

  1426 E 17th St, Sioux Falls, SD 57104

  2-1 Buydown Available with Acceptable Offer -- A Smart Way to Own for Less!Looking for a more affordable path to homeownership? This well-maintained duplex offers the opportunity to house hack by living in one unit while rental income from the other unit helps offset your monthly mortgage payment. Combined with a 2-1 interest rate buydown, this property can make homeownership

  Dave Holmoe Savings Real Estate & Apprsl

  1426 E 17th St, Sioux Falls, SD 57104
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  /20

  $314,900

  • Land
  • 13,982 Sq Ft
  • $980,997 per Acre

  5704 S Lazy Ridge Pl Place, Sioux Falls, SD 57108

  Nestled in the heart of south-central Sioux Falls, this exceptional lot offers the perfect opportunity to bring your dream home to life. Enjoy the convenience of a well-established neighborhood with easy access to shopping, dining, parks, schools, medical facilities, and major roadways, all while maintaining a peaceful residential setting. Whether you’re envisioning a custom-built home or looking

  Senta Pfeiffer The Experience Real Estate

  5704 S Lazy Ridge Pl Place, Sioux Falls, SD 57108
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  /7

  $550,000

  • 5,376 Sq Ft

  412 S Thompson Ave, Sioux Falls, SD 57103

  Rare opportunity to acquire a fully occupied, professionally managed 6-unit investment property in a desirable Sioux Falls location. The property consists of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a well-balanced unit mix with strong rental demand. Common area coin opereated laundry. Updates include boiler, HVAC and concrete. This well-maintained asset provides a

  Amber Ellingsen Keller Williams Realty Sioux Falls

  412 S Thompson Ave, Sioux Falls, SD 57103
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  /19

  $700,000

  $60K PRICE DROP

  • 3,552 Sq Ft

  3505 S Hawthorne Ave, Sioux Falls, SD 57105

  Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth. Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking. Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are

  Jackson Dorhout Alpine Residential

  3505 S Hawthorne Ave, Sioux Falls, SD 57105
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  /5

  $400,000

  • Land
  • 17,267 Sq Ft
  • $1,009,082 per Acre

  0 Latigo Trl Trail Unit 22600189, Sioux Falls, SD 57108

  Gorgeous Walkout lot in Prairie Hills! Bring your own builder. This large lot offers you many choices when it comes to placement of your home. Executive home site with highly sought after Walkout Lot on the corner of Meredith and Latigo, just a half a block from the park. Quick commute to Interstate access, Shopping and Hospitals. Covenants to protect your investment.

  Danielle Konechne Grand Sothebys International Realty

  0 Latigo Trl Trail Unit 22600189, Sioux Falls, SD 57108
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  /23

  $1,080,000

  • 10,620 Sq Ft

  3900 S Hawthorne Ave, Sioux Falls, SD 57105

  Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through

  Jackson Dorhout Alpine Residential

  3900 S Hawthorne Ave, Sioux Falls, SD 57105
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  /13

  $229,000

  • 3 Beds
  • 2 Baths
  • 1,277 Sq Ft

  220 N Covell Ave, Sioux Falls, SD 57104

  Welcome to 220 N Covell Ave, an affordable and inviting home conveniently located in central Sioux Falls! This 3-bedroom, 2-bath home offers a great opportunity for a first-time buyer, investor, or anyone looking for a manageable home with plenty of potential and adding square footage and equity by finishing the basement.Inside, you'll find a functional layout with a combination of

  Chad Hettermann Foundation Real Estate

  220 N Covell Ave, Sioux Falls, SD 57104
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  /17

  $339,900

  • 1,873 Sq Ft

  1300 E 6th St, Sioux Falls, SD 57103

  Full of charm and investment appeal, this well-maintained 4-plex is a rare opportunity in today’s market. The property features two upper-level apartments, each with one bedroom and one bath; a spacious main-floor unit offering two bedrooms and one bath, and an efficiency apartment in the lower level. A coin-operated laundry provides additional income, while tenants are responsible for their own

  Tonya Madsen 605 Real Estate LLC

  1300 E 6th St, Sioux Falls, SD 57103
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  /25

  $2,750,000

  • 28,288 Sq Ft

  4800 W 41st St, Sioux Falls, SD 57106

  32 unit multifamily investment opportunity consisting of eight 4 unit apartment buildings, with all units offering 2 bedrooms and 1 bathroom. The property is currently maintained at approximately 90-95% occupancy and is positioned along 41st Street, excellent visibility and convenient access to Interstate 29, employers, retail, dining, and other city conveniences, With frontage along 41st Street,

  David Maske Hegg, REALTORS

  4800 W 41st St, Sioux Falls, SD 57106
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  /9

  $320,000

  • 2,550 Sq Ft

  908 S Blaine Ave, Sioux Falls, SD 57103

  Expand your investment portfolio with this well-maintained duplex offering two desirable 2-bedroom, 1-bath units. Two units are conveniently located on the main level, with the option to add an additional lower-level unit, providing a practical layout that appeals to tenants. The property has been well cared for and features paved off-street parking for added convenience. Unit is zoned AD1

  Brett Sichmeller Alpine Residential

  908 S Blaine Ave, Sioux Falls, SD 57103
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  /20

  $299,900

  $25K PRICE DROP

  • 1,000 Sq Ft

  202 N French Ave, Sioux Falls, SD 57103

  202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, SD with a new price drop! This well-maintained property features two residential units and offers immediate cash flow through a flexible rental strategy, currently operated as a mix of mid-term and long-term rentals. Both units are fully furnished with utilities included in the rent, providing a

  Daniel Stillson Gateway Real Estate Advisors

  202 N French Ave, Sioux Falls, SD 57103
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  /44

  $850,000

  $50K PRICE DROP

  • 8,784 Sq Ft

  1201 1205 S Blaine Ave Ave, Sioux Falls, SD 57103

  Fantastic Investment Opportunity – 10-Unit Apartment Property. Discover a strong-performing multifamily investment located at 1201 & 1205 S Blaine Ave in Sioux Falls. This offering includes two separate apartment buildings totaling 10 units—ideal for buyers seeking portfolio growth, value-add potential, or flexible resale options in the future.The first building features 4 units, and the

  Rob Kurtenbach Bender REALTORS

  1201 1205 S Blaine Ave Ave, Sioux Falls, SD 57103
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  /30

  $37,000

  $2K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 952 Sq Ft

  912 N Doland Place, Sioux Falls, SD 57107

  Check out this charming, 2 bedroom 2 bath, 952 sq ft manufactured home located in Country View MHC in Sioux Falls near 12th street and Marion. This home has been recently painted very neutral colors and pleasing colors and work done to update home. Nice master suite.Country view is one of the safest communities within Sioux Falls, ie pet, shed, fence, rental policies and more making this

  Rene Meyer eXp Realty

  912 N Doland Place, Sioux Falls, SD 57107
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  /42

  $329,000

  • 2,082 Sq Ft

  616 618 N Garfield Ave Ave, Sioux Falls, SD 57104

  Don't miss this well-maintained duplex featuring two spacious 3-bedroom, 1-bath units—each with its own laundry & attached garage. Both units have been thoughtfully updated & are separately metered, allowing tenants to cover their own electricity & heat. The upper unit features sliding doors that open to a newer 12x12 deck (2022), all new vinyl flooring throughout (2025), new interior paint

  Brandyn Vetos Amy Stockberger Real Estate

  616 618 N Garfield Ave Ave, Sioux Falls, SD 57104
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  /31

  $189,500

  $21K PRICE DROP

  • 1,679 Sq Ft

  310 N Sherman Ave, Sioux Falls, SD 57103

  Looking for your first investment property? This triplex is a great place to start. Featuring three one-bedroom, one-bath units, this centrally located property has seen numerous updates over time. Each unit was previously rented for $700 per month. The main floor includes two units, while the third unit is located upstairs with a separate entrance at the back of the property. All three units

  Katie Day Maloney Real Estate

  310 N Sherman Ave, Sioux Falls, SD 57103
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  /6

  $1,700,000

  • 17,616 Sq Ft

  708 S Prairie Ave, Sioux Falls, SD 57104

  Seventeen-unit multifamily investment positioned in an established South Sioux Falls neighborhood with immediate access to the city's dense retail and employment base. Mid-size assets of this type offer an optimal blend of cash flow stability and operational manageability — ideal for the investor seeking meaningful scale without the complexity of a large community. A strong income-producing asset

  Daniel Stillson Gateway Real Estate Advisors

  708 S Prairie Ave, Sioux Falls, SD 57104
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  /30

  $159,900

  $20K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,178 Sq Ft

  2105 S Duluth Ave, Sioux Falls, SD 57105

  Sold As Is. Opportunity awaits in this well-maintained 4-bedroom home located in the heart of Sioux Falls. Positioned just blocks from Augustana University, the University of Sioux Falls, neighborhood parks, shopping, dining, and everyday conveniences, this property offers an exceptional combination of location, functionality, and investment potential.Inside, you'll find a thoughtfully

  Jon Eng Hegg, REALTORS

  2105 S Duluth Ave, Sioux Falls, SD 57105
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  /29

  $189,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,341 Sq Ft

  1513 S Duluth Ave, Sioux Falls, SD 57105

  Charming, affordable and full of potential, this 1.5-story home offers a fantastic opportunity to enjoy comfortable living in a convenient location! With 3 bedrooms, 1 full bath (option to add a 2nd bath!) and a 1-stall garage, the home features a functional layout and is located close to colleges and the hospital. The bright living room is filled with natural light from the large picture window,

  Annie Welsh Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  1513 S Duluth Ave, Sioux Falls, SD 57105
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  /38

  $349,900

  • 4 Beds
  • 2 Baths
  • 1,445 Sq Ft

  1911 S Walts Ave, Sioux Falls, SD 57105

  Welcome home to this beautifully updated 4-bedroom, 2-bathroom house that is move-in ready. Freshly updated paint, new carpet, and new LVP flooring in this 3-story solid home built in 1926. New windows, countertops, and cabinetry complement the main floor living area, for a clean, newly updated modern feel. The kitchen shines with new stainless-steel appliances and the lower level includes a new

  Haley Merrow Dynamic Real Estate, LLC

  1911 S Walts Ave, Sioux Falls, SD 57105
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  /23

  $134,900

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 500 Sq Ft

  400 S Lowell Ave, Sioux Falls, SD 57103

  .......OPEN HOUSE THIS SUNDAY..9/28/26...11:00 - 12:30......NEW IMPROVED PRICING ON THIS FIRST TIME BUYER OR INVESTMENT HOMEIf you are tired of paying rent and prefer to make the move into home ownership....then you should consider this very functional ranch style home featuring one bedroom, one bathroom, and spacious living area. Everything is on the main level including the

  Jim Costello Keller Williams Realty Sioux Falls

  400 S Lowell Ave, Sioux Falls, SD 57103
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  /25

  $345,000

  • 2,818 Sq Ft

  925 W 12th St, Sioux Falls, SD 57104

  Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer,

  Jackson Dorhout Alpine Residential

  925 W 12th St, Sioux Falls, SD 57104
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  /28

  $324,900

  • 3 Beds
  • 2 Baths
  • 1,710 Sq Ft

  2201 S Grandview Ave, Sioux Falls, SD 57103

  Welcome to 2201 S Grandview Ave! This beautifully updated 3-bedroom (+1 non-legal room), 2-bath home offers a bright, inviting feel with large windows and an abundance of natural light throughout. All three legal bedrooms are conveniently located on the same level, along with a full bath. Downstairs, you’ll find a second full bath, an additional non-legal bedroom that provides the flexibility of

  Angie Muth AMERI/STAR Real Estate, Inc.

  2201 S Grandview Ave, Sioux Falls, SD 57103
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  /11

  $204,000

  • 3 Beds
  • 1 Bath
  • 1,354 Sq Ft

  517 S Blaine Ave, Sioux Falls, SD 57103

  Bring your ideas and see the potential this 3-bedroom home has to offer! Situated on a large corner lot surrounded by mature trees, this property provides plenty of outdoor space along with two detached storage sheds for additional storage. A single-stall tuck-under garage adds convenience and keeps you out of the elements.Inside, you'll find three bedrooms, a full bathroom, plus an

  Tarah Burggraff Landmark Realty & Auction

  517 S Blaine Ave, Sioux Falls, SD 57103
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  /6

  $239,900

  • 1,784 Sq Ft

  801 W 13th St, Sioux Falls, SD 57104

  Prime investment opportunity in the heart of Sioux Falls! This triplex multifamily property features major upgrades including newer plumbing, electrical, HVAC, fresh interior paint, and new carpet throughout. Bathrooms and kitchens have been tastefully updated, making this a turnkey addition to any portfolio. Utilities are separately metered, with the landlord only covering garbage and

  Matthew Fisher Keller Williams Realty Sioux Falls

  801 W 13th St, Sioux Falls, SD 57104
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  /12

  $340,000

  • Land
  • 28,875 Sq Ft
  • $512,898 per Acre

  1508 S Scarlet Oak Pl Place, Sioux Falls, SD 57110

  Discover an unparalleled opportunity to build your custom home amidst the stunning landscapes of Sioux Falls. The Crown at Arbor Edge is a premier development offering breathtaking, panoramic views overlooking the Big Sioux River and the lush greens of Willow Run Golf Course – truly second to none. This luxury lot is designed to capture these magnificent views, ensuring your home is perfectly

  Beth Jamison Jamison Company Real Estate

  1508 S Scarlet Oak Pl Place, Sioux Falls, SD 57110
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  /31

  $314,900

  $14K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,292 Sq Ft

  821 N Spring Ave, Sioux Falls, SD 57104

  Looking for a truly unique home with exceptional versatility and investment potential? Copper Cabin might be the place for you! This hidden gem offers more floor space than meets the eye! The main level features traditional notched cedar log construction, creating a warm, inviting atmosphere, while the lower level showcases a stylish midcentury modern design, perfect for those who appreciate

  Maria Hopkins Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  821 N Spring Ave, Sioux Falls, SD 57104

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